Focusing on life insurance and pensions this book addresses variousaspects of modelling in
modern insurance: insurance liabilities asset-liability management securitization hedging
and investment strategies.With contributions from internationally renowned academics in
actuarialscience finance and management science and key people in major life insuranceand
reinsurance companies there is expert coverage of a wide range of topics for example: models
in life insurance and their roles in decision making anaccount of the contemporary history of
insurance and life insurancemathematics choice calibration and evaluation of models
documentation andquality checks of data new insurance regulations and accounting rules
cashflow projection models economic scenario generators model uncertainty andmodel risk
model-based decision-making at line management level models andbehaviour of stakeholders. With
author profiles ranging from highly specialized model builders todecision makers at chief
executive level this book should prove a useful resourceto students and academics of actuarial
science as well as practitioners.
